4 year old custom home on a 50 x194 ft deep lot with no rear neighbours! Offering, elegant luxury living, this 4+2 bed, 7 bath home features a grand 21ft foyer, floating stairs & an open-concept layout. The chef's kitchen boasts a 10ft island & flows to a private sundeck. Retreat to the lavish primary suite with a spa-like ensuite & heated floors. The finished walk-up basement features a 2nd kitchen acts as the perfect in-law suite!
4 bedrooms, 6 bathrooms, about 3,500 sq ft, works out to roughly $394 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 363 Penn Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished, Walk-Up
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
363 Penn Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14146884$1,379,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 363 Penn Ave Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,779
/mo
based on the purchase price of $1,379,900
$275,980 cash
$1,103,920 financed
$929,790 total interest
Principal54%$1,103,920
Interest46%$929,790
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Newmarket
Other 3–5 bed homes for sale in Newmarket around $1.4M.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings366Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with May 8 – Aug 6, 2026: prices up.
Based on 381 sales from Aug 6 – Nov 4, 2026 (273 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 363 Penn Ave
How much is 363 Penn Ave listed for?
363 Penn Ave is listed at $1,379,900 (MLS® N14146884). Summitly updates the price as soon as the MLS® record changes.
Is $1,379,900 a good price for 363 Penn Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 363 Penn Ave changed?
No — 363 Penn Ave is still listed at its original asking price of $1,379,900.
How many bedrooms and bathrooms does 363 Penn Ave have?
363 Penn Ave has 4 bedrooms and 6 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Newmarket.
How much would the monthly mortgage be on 363 Penn Ave?
About $6,779 a month — principal and interest on $1,379,900 with 20% down ($275,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 363 Penn Ave?
Yes — Saturday, November 7, 12:00 PM – 2:00 PM; Sunday, November 8, 12:00 PM – 2:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 363 Penn Ave compare with other homes in Newmarket?
Its asking price of $1,379,900 is about 44% above the median sold price in Newmarket over the last 90 days, $955,000, across 381 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 363 Penn Ave been sold before?
Summitly has no earlier MLS® sale or lease of 363 Penn Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 363 Penn Ave?
363 Penn Ave is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 363 Penn Ave been on the market?
363 Penn Ave was listed today (November 4, 2026).
What is the price per square foot of 363 Penn Ave?
About $276 to $394 per square foot: the asking price of $1,379,900 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 363 Penn Ave have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
